8 days on Market

232 Masters Cove, Calgary, Alberta T3M 2N8

Detached
4 + 1
4 + 1
~3094.00 sqft
$•••,•••
$1,299,900
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Detached
4 + 1
4 + 1
~3094.00 sqft

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Highlights

Property Estimate

Days on market8 days

Estimated valueNot available

Price/Sqft$420/sqft

Monthly cost

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Description

Exceptional Lakeside Luxury | Solar-Powered | Walkout Basement | Triple Garage. Welcome to resort-style living in the heart of Mahogany—Calgary’s premier lake community! Tucked away on a quiet cul-de-sac, this custom Morison-built luxury Smart hi tech home offers the ultimate in elegance, energy efficiency, and year-round recreation with semi-private lake access just steps away. Swim, kayak, or paddle in the summer; skate and ice fish in the winter. Walk to the Mahogany Beach Club and enjoy tennis courts, skating rinks, and more. This impeccably maintained and extensively upgraded estate home features close to 4,000 sq ft of professionally developed living space, a fully finished walkout basement, and a rare 16.2 kW SOLAR panel system—the largest residential solar array in all of Mahogany (installed August 2024, fully paid, $50K+ value). Say goodbye to electric bills and hello to earning passive energy income while charging your EV for free via the built-in Level 2 charger. Inside, the main floor showcases a show-stopping great room with custom built-ins and gas fireplace, a chef-inspired kitchen with high-end stainless appliances, oversized central island, custom cabinetry, and expansive stone countertops—all flooded with natural light from floor-to-ceiling windows. Entertain in the elegant formal dining area or enjoy casual dining on the massive full-width deck, accessible from the kitchen/dining area. A discreet main floor office is perfect for working from home. Upstairs, retreat to your lavish primary suite with spa-like 5-piece ensuite, dreamy walk-in closet, and direct access to the laundry room. 3 additional bedrooms, a full 4-piece bathroom, and the smartly designed laundry space complete the upper level. The walk-out basement offers versatility with a full second kitchen, oversized windows, spacious rec room, additional bedroom, and a full bath—ideal for a guest suite, gym, media space, or multi-generational living. Further upgrades include: Hi tech Alexa operated, Dual-zone Central A/C, Hunter Douglas smart blinds (voice/app controlled), Double attic insulation, 2 High efficacy furnaces, second laundry set in the basement, Water softener, CAT6 wiring throughout, Professionally installed Gemstone exterior lights, Oversized TRIPLE garage with EV charging and smart Wi-Fi laundry and smart counter induction cook top. This is truly one of Mahogany’s most energy-efficient and beautifully appointed homes. A rare opportunity to own a fully loaded, turnkey luxury property in one of Calgary’s most desirable lake communities. offered at $150,000+ below replacement cost.


Property Details

Style2 Storey
View-
Age of property2018
SqFt~3094.00 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberA2242421
Community NameMahogany
Data SourcePILLAR 9
Listing byRE/MAX West Real Estate

Features

Heating: Forced Air,Natural Gas,Solar
Cooling: Central Air,Full
Basement: Full,Walk-Out To Grade

Main Floor

Kitchen

12`1" x 19`0"

Living Room

15`11" x 15`9"

Dining Room

9`4" x 12`0"

Dinette

6`9" x 20`0"


Features

Patio: Deck,Side Porch

Parking

Garage spaces 3

Garage type -

Other parking spaces 3

Total parking spaces 6


Property History

Jul 23, 2025
ListedActive
$1,299,900
8 days on market
history photo preview50
Listing by pillar 9®
Property listed by RE/MAX West Real Estate, Brokerage
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Market Data - Mahogany

Geo Zone Map ThumbnailMahogany

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2024

20 days

2023

25 days

2022

0 day

New Listings

Past 30 days

50 listings

Compared to

2024

43 listings

2023

34 listings

2022

22 listings

Units sold

Past 30 days

29 units

Compared to

2024

27 units

2023

35 units

2022

0 unit

Median Sold Price

Past 30 days

$826,888

Compared to

2024

$775,000

2023

$850,000


Population and Demographics

Overview

Total population 8309
Average household income $151,401

Age (%)

0 to 19
30%
20 to 34
22%
35 to 49
30%
50 to 64
10%
65 and plus
7%

Household composition (%)

Single family
72%
Single person
23%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
79%
Tagalog (Pilipino, Filipino)
4%
Spanish
4%
Russian
2%
Mandarin
1%
Arabic
1%
French
1%
Punjabi (Panjabi)
1%
Korean
1%
Others
0%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget